Nonprofit · EIN 56-2638674
THE PEARL FOUNDATION INC
Tax-exempt · MARIETTA, GA 30006
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $287,832 | $198,225 | $89,607 | $1,033,685 | $165 | $1,033,520 |
| December 31, 2024 | 990 | $302,896 | $191,976 | $110,920 | $924,711 | $190 | $924,521 |
| December 31, 2023 | 990 | $277,703 | $165,085 | $112,618 | $814,654 | $4,426 | $810,228 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $235,244
- Program service revenue
- $4,164
- Investment income
- $26,877
- Net income from fundraising events
- $21,547
- Other revenue
- $21,547
Expenses
- Grants and similar amounts paid
- $138,277
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $12,000
- Occupancy
- $4,034
- Program services (functional)
- $156,329
- Management and general (functional)
- $26,149
- Fundraising (functional)
- $15,747
Balance sheet and other
- Total assets, start of year
- $924,711
- Total assets, end of year
- $1,033,685
- Total liabilities, end of year
- $165
- Net assets, end of year
- $1,033,520
- Net assets without donor restrictions
- $7,321
- Net assets with donor restrictions
- $1,026,199
- Gross receipts
- $382,341
- Employees
- 0
- Volunteers
- 400
- Year formed
- 2006
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stacy Grooms | President Officer | 5 | $0 |
| Toi Wilson | Vice President Officer | 2.5 | $0 |
| Shakora Luckett | Treasurer Officer | 5 | $0 |
| Sonja Jackson | Development Officer Officer | 5 | $0 |
| Marshai Waiters | Secretary Officer | 5 | $0 |
| Angela Sumbry | Financial Secretary Officer | 2.5 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stacy Grooms | President Officer | 5 | $0 |
| Angela D Sumbry | Vice PresidentFinancial Secretary Officer | 2.5 | $0 |
| Kimberley Boyd | Treasurer Officer | 5 | $0 |
| Tommye Campbell | Development VP Officer | 5 | $0 |
| Marshai Waiters | Secretary Officer | 5 | $0 |
| Patricia Atwater | Financial Secretary Officer | 2.5 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tommye Campbell | Development VP Officer | 5 | $0 |
| Paula Billups | Secretary Officer | 5 | $0 |
| Patricia Atwater | Financial Secretary Officer | 2.5 | $0 |
| Stacy Grooms | President Officer | 5 | $0 |
| Patricia Atwater | Vice President Officer | 2.5 | $0 |
| Kimberley Boyd | Treasurer Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 674198, MARIETTA, GA 30006-0070
- In care of
- % STACY GROOMS
- Mailing address (990-N for 2013)
- P O Box 674198, Marietta GA 30006
- Principal officer (990-N for 2013)
- Gloria Nichols, 2059 Kolb Ridge Ct SW, Marietta GA 30008
- Signed the 990
- STACY GROOMS, President
- Phone
- (404) 274-9995
- Website
- www.thepearlfoundationga.org
- Return prepared by
- Hillard Tax & Accounting LLC
Mission
To improve the well-being of the residents of Georgia and empower individuals for success by making grants and gifts in aid and support of cultural projects, education, health care, financial literacy, and human services.
Program accomplishments
- College scholarships awarded to high school seniors who are matriculating to 4-year colleges.Expenses $65,000
- Empower Our FamiliesExpenses $34,792
- Kids ClubExpenses $6,682
- Other ProgramsExpenses $49,855
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2638674
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P81)
- Assets (IRS master file)
- $1,033,685
- Income (IRS master file)
- $382,341
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $287,832 | $198,225 | $1,033,685 | IRS |
| 990 | December 2024 | $302,896 | $191,976 | $924,711 | IRS |
| 990 | December 2023 | $277,703 | $165,085 | $814,654 | XML |
| 990 | December 2022 | $268,940 | $111,015 | $707,820 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2013 Officer: Gloria Nichols | December 31, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2638674).
Questions about THE PEARL FOUNDATION INC
- What is the EIN of THE PEARL FOUNDATION INC?
- The employer identification number (EIN) of THE PEARL FOUNDATION INC is 56-2638674.
- Is THE PEARL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to THE PEARL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE PEARL FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE PEARL FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE PEARL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE PEARL FOUNDATION INC?
- The 990-N for 2013 names Gloria Nichols.
- Who are the officers and directors of THE PEARL FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does THE PEARL FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $287,832, expenses of $198,225 and total assets of $1,033,685 at year end.
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